Just finished a night run and checked the on-chain data, today’s funding rate is again a bit outrageous, causing a lot of chatter in the group: is it a reversal or just more bubble squeezing? Frankly, my first reaction in such times isn’t “I want to win,” but “Don’t let volatility teach you a lesson”… Extreme rates are like everyone squeezing through the same door, or like a spring being compressed to its limit. It’s not impossible to take the other side, but I usually just try a small test, and more often I prefer to stay away, waiting for the emotions to cool down. Anyway, I’m just after stability—position? Don’t ask, just on the road.